Library / PETROLEUM INDUSTRY ACT, NO. 6, 2021 MIDSTREAM AND DOWNSTREAM PETROLEUM PREVENTION OF ANTICOMPETITIVE PRACTICES AND BEHAVIOUR REGULATIONS, 2026 ARRANGEMENT OF REGULATIONS
PETROLEUM INDUSTRY ACT, NO. 6, 2021 MIDSTREAM AND DOWNSTREAM PETROLEUM PREVENTION OF ANTICOMPETITIVE PRACTICES AND BEHAVIOUR REGULATIONS, 2026 ARRANGEMENT OF REGULATIONS
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5 PART XVIII- LENIENCY PROGRAMME, SETTLEMENTS, AND COMMITMENT DECISIONS 106. Leniency Programme for Cartel Disclosure 107. Settlements in Non-Cartel Cases 108. Commitment Decisions 109. Transparency and Procedural Safeguards PART XIX – COMPLIANCE PROGRAMMES AND REPORTING 110. Compliance Obligations 111. Annual Compliance Report 112. Appointment of Competition Compliance Officer 113. Record-Keeping Obligations 114. Compliance Audits 115. Industry Guidance and Advisory Opinions PART XX– APPEALS 116. Right to Appeal 117. Jurisdiction and Forum 118. Appeal Procedure and Timelines 119. Effect of Appeal – No Automatic Stay 120. Standard of Review 121. Finality and Enforcement of Un-appealed Decisions 122. Alternative Dispute Resolution 123. Compliance During Pendency of Appeal 124. Guidelines PART XXI- RELATIONSHIP WITH OTHER LAWS AND COORDINATION WITH OTHER AUTHORITIES 125. Concurrent Jurisdiction and Regulatory Coordination 126. Joint Oversight of Competition and Consumer Protection 127. Alignment with Sectoral Regulations 128. Compliance with International Obligations 129. Complementarity with Anti-Corruption and Other Laws 130. Review and Harmonisation PART XXII -POWER TO ISSUE GUIDELINES, CODES OF CONDUCT, AND SCHEDULES 131. Issuance of Guidelines 132. Codes of Conduct and Sectoral Instruments 133. Amendment of Schedules 134. Incidental and Ancillary Powers 135. Interpretation in consonance with the objectives of the Act 136. Savings and Preservation of Broader Regulatory Powers PART-XXIII- MISCELLANEOUS 137 Interpretation 138 Citation
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